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Philex gives P1-B check to gov't to settle fine
 
00:53
Philex Mining on Monday turned over a P1 billion check to the Mines and Geosciences Bureau to settle the fine for the tailings pond leak at its Padcal mine in August last year.
Views: 481 ABS-CBN News
SONA: Philex Mining leak, itinuturing ng DENR na isa sa pinakamalaking mining disaster sa Pilipinas
 
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State of the Nation is a nightly newscast anchored by award-winning broadcast journalist, Jessica Soho. It airs Mondays to Fridays at 9:00 PM (PHL Time) on GMA News TV Channel 11. For more videos from State of the Nation, visit http://www.gmanetwork.com/stateofthenation.
Views: 1088 GMA News
REFUTING MINING CHAMBER'S GERRY BRIMO killer dam part 3a
 
15:00
This is a reply to the false arguments presented by three miners, Manny Pangilinan of Philex, Peter Wallace, and Gerry Brimo, chair of the chamber of mines, during a mining conference where oppositors were not given a chance to ask questions and offer counter-arguments. This is a blow-by-blow rebuttal. Please pass, so people will realize that mining offers short term gains and long term irreparable damage. Please pass also to people in the mining sector, so they have a chance to reply, in fairness, if they wish. coming soon REFUTING MANNY PANGILINAN OF PHILEX killer dam part 3b REFUTING PETER WALLACE Killer dam part 3c
Views: 637 bernie lopez
Fitz Aclan: Philex expensive, PNB cheap
 
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In a market analysis interview with ANCs Business Nightly, BDO Trust Assistant Vice President and Equity Strategist Fitz Aclan said Philex Mining, where Hong Kong-based First Pacific Ltd recently became the single biggest shareholder, is expensive at P15.50 per share. He attributed the hike in the mining firms share price on the possibility of a tender offer. Fundamentally, its a bit expensive now. So many things are happening now. It is best to go technical, he said, adding that their technical support on the stock is at about P11 to P12 per share.  When asked about the upcoming merger of two of Lucio Tans banks, Allied Banking Corp and Philippine National Bank (PNB), he said that PNB is now trading at a significant discount at price to book levelsbased on the numbers Im seeing.
Views: 1456 ABS-CBN News